Are there any gotchas that I need to be aware of?

Also, what’s working for you these days to stay ahead of the game?

Exciting news: RentRedi, one of our valued Pro Partners, has earned a spot on the 2024 Inc. 5000 list.

Hello all, I'm curious how much the HUD will actually pay compared to the 40th percentile rents posted on their site.I'm aware of the different amounts each tenant will cover in terms of their portion of the rent, but I'm not sure if the HUD will actually agree to my rent price.I've been taking the stated FMR for the bedroom count, and taking 20% off the number stated (to be conservative as to what the HUD will accept). 

Do you have any experience in this area of investing?

Purchase price: $273,000 Cash invested: $60,000 Sale price: $375,000 Purchased the property with a "subject to" agreement, did a cosmetic renovation, cleared outstanding condo dues, and resold the property.

Purchase price: $250,000 Cash invested: $250,000 Sale price: $420,000 2bd/1.5ba townhome What made you interested in investing in this type of deal?

Would you recommend the course/class that you took? 

I am currently looking for a mentor in the tri-state area (Pennsylvania, New Jersey, Delaware) and would be willing to work for an education.

I'm Andres, Founder of Los Arcos Development.